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Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
 SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. Rates were under pressure in both basins due to a lack of prompt stems. In the Continent, Supras are getting low/mid US$ 30,000s for a TCT to the east Med with scrap. In the USG a modern 53,000 tonner was fixed at US$ 38,000 with redelivery in the Continent - about US$ 10,000 less than the previous week. In Brazil, most of the grain exporting ports have around 2 weeks congestion. Supras are getting high US$ 20,000s per day basis delivery west Africa redelivery Skaw/ Passero.
With India as the backbone of the Pacific recently, March loaders were able to get the higher numbers, with ships fixing in the low US$ 50,000s on the west coast, mid US$ 40,000s on the east coast, both for trips China, and ballasters from China/Far East loading in India in the region of mid to midhigh US$ 20,000s.
This kept the Pacific firm for the first half of the week, together with a number of stems out of Nopac and Australia (around mid US$ 20,000s), and Indonesia (high teens to low/mid US$ 20,000s). However, rates came off towards the end of the week, as vessels that could make March dates were fixed, and the market took a breather on April positions. Owners were still bullish on short period numbers, with many talking mid to mid/high US$ 20,000s for deliveries in the Far East, but charterers in general were not ready to pay those levels.
PANAMAX
The Panamax market witnessed a substantial correction as rates tumbled across both basins, as the BPI dropped 379 points and the average of the 4 time charter routes fell US$ 3,034 on the week. Weaker sentiment and a lack of fresh enquiry, together with a lack of support both from the paper market and the Capes, succeeded in pushing rates down. The Atlantic saw round voyage rates slip to the low US$ 30,000s region and upper US$ 20,000s for the equivalent round voyage in the Pacific basin. There was very little period activity of note to report as charterers backed away with paper values falling. With Easter holidays in Europe at end of this week pending, one would expect to see a similar trend in the market with sentiment still down.
CAPESIZE
A less dramatic drop in Capesize rates this week, with the BCI losing 8% and the four time charter average dropping 11% to finish the week at US$ 28,542/day. Despite falling congestion in China, weather problems in Australia have kept delays there high and around 85 Capes are reported to be anchored outside the main Australian ports with wait times of well over a month ahead of them. Weak demand on the Atlantic penalised that market, although conditions were better in the Pacific. By week end, it appeared conditions had stabilized, with the BCI losing just 4 points on Friday, and rising marginally by one point on Monday. Short period business was also concluded at rates above the spot market, with a 178,000 tonner reportedly taken ex yard in April for four to six months trading at US$ 37,000 per day.
Source: BRS Dry Bulk
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Monday, 28 May 12
COAL EXPORTS ARE JUMPING HIGHER, BUT PRICES ARE FALLING LOWER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31.86* million tons of coal in April 2012, compared to 30.64* million tons i ...
Sunday, 27 May 12
THE FREIGHT MARKET FROM INDONESIA TO INDIA WAS WEAK - VISTAAR
COALspot.com - The BDI continued to fall for the fourth straight week and the BDI fell by 9.38 pct this week closing at 1,034 points.
The Cape Si ...
Sunday, 27 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS HEADING TO SOUTH DIRECTION
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries have dropped this week by 5.43 percent an ...
Saturday, 26 May 12
DRY BULK SHIP OWNERS LOOKING TO CUT BACK ON TONNAGE SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of dry bulk carriers has been the most prominent problem in the market today, pushing down rates and ‘strangling’ profita ...
Thursday, 24 May 12
DRY BULK MARKET RETREATS ON LACK OF CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated yesterday on the back of lower Chinese demand for commodities such as coal and iron ore, typically hauled by dry bulk ...
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Showing 4716 to 4720 news of total 6871 |
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- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
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